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givi [52]
3 years ago
8

Medoc Company provides the following information about its single product Targeted operating income 54 comma 790 Selling price p

er unit 6.30Variable cost per unit 4.55Total fixed cost 59 comma 675 What is the breakeven point in units Round intermediary calculations to the nearest cent A 31 comma 309B 5 comma 050C 34 comma 100D 5 comma 500
Business
1 answer:
insens350 [35]3 years ago
8 0

Answer:

Option C) Medoc Company's Break Even Point is 34,100 Units

Explanation:

Break Even point is defined as the level of activity or production at which the company's Total Sales Revenue is equal to its total expenses. In other words, Break Even Point is No Profit, No Loss Point.

Break Even Point in Units = Total Fixed Costs ÷ Contribution Per Unit

where:

Contribution per unit = Selling Price per unit - Variable Costs per Unit

<u></u>

<u>Calculations:</u>

Contribution per Unit = $6.30 - $4.55 = $1.75

Break Even Point in Units =  $59,675  ÷ $1.75

Break Even Point in Units =  34,100 Units

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Swifty Company has identified that the cost of a new computer will be $30000, but with the use of the new computer, net income w
klio [65]

Answer:

10.0 years

Explanation:

The computation of the payback period is shown below

We know that

Payback period = initial cost ÷ increase in net income

= $30,000 ÷ $3,000

= 10 years

As the depreciation expense is a non-cash expense so we dont considered it

Therefore the first option is correct

8 0
2 years ago
Human evolution is not always straightforward and the path to discovery is often riddled with surprises and unexplained finds. F
Nadusha1986 [10]

Answer:

The fossils found on Flores indicated:

(1) A small body size

(2) Another species of hominin

5 0
3 years ago
Use the scenario to answer the question that follows.Marta and Shanika open their own computer repair shop and agree to share th
devlian [24]

Answer:

The correct answer is:  Specialization.

Explanation:

Specialization happens when a person, business or region focuses their productive efforts on a smaller subset of tasks or products to gain a competitive advantage. By specializing, a person or company often becomes better at that task or production than competitors. Usually, the choice is driven by the skills that suits the best to the people or company handling the business.

4 0
3 years ago
Ries and Bax each have a partner’s capital balance of $17,500. They split profits and losses equally. Royce is accepted as a 1/3
Marina CMI [18]

Answer:

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3 0
2 years ago
On January 1, an investment account is worth 50,000. On May 1, the value has increased to 52,000 and 8,000 of new principal is d
Evgesh-ka [11]

The question is incomplete. The complete question is :

On January 1, an investment account is worth 50,000. On May 1, the value has increased to 52,000 and 8,000 of new principal is deposited. At time t, in years, (4/12 < t < 1) the value of the fund has increased to 62,000 and 10,000 is withdrawn. On January 1 of the next year, the investment account is worth 55,000. The approximate dollar-weighted rate of return (using the simple interest approximation) is equal to the time-weighted rate of return for the year. Calculate t.

Solution :

It is given that :

Worth of investment account on 1st Jan = 50,000

Worth of investment account on 1st Jan next year = 55,000

New principal deposited = 8000

Therefore the interest earned = 55,000 - 50,000 - 8,000 + 10,000

                                                  = 7,000

Therefore,

$\frac{7000}{\frac{50000+16000}{3-10000(1-t)}}= \frac{52}{50} \frac{62}{60} \frac{55}{52} - 1$

                   = 0.13667

7000 = 0.13667(55,333.33 - 10000 + 10000t)

$t=\frac{7000-0.13667(45333.33)}{1366.7}$

    = 0.5885

Thus, time - weighted rate of the return = 0.5885

4 0
2 years ago
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